Malaysia international reserves stand at 102.9 bln USD

Source: Xinhua | 2020-06-06

Malaysia's central bank, Bank Negara, said Friday that its international reserves stood at 102.9 billion U.S. dollars as of May 29.

The central bank said in a statement that the reserves position is sufficient to finance 8.1 months of retained imports and is 1.1 times total short-term external debt.

The international reserves consist of 96.5 billion U.S. dollars in foreign currency reserves, 1.2 billion U.S. dollars in International Monetary Fund Reserves Position, 1.1 billion U.S. dollars in Special Drawing Rights, 2 billion U.S. dollars in gold and 2.1 billion U.S. dollars in other reserves assets.